Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Australia - 2024

Contents:

  1. Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Australia (CIF) - 2022
  2. Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Australia (FOB) - 2023
  3. Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in Australia
  4. Exports of Cellulose Nitrates (Including Collodions); in Primary Forms in Australia

Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Australia (CIF) - 2022

In 2022, the average import price for cellulose nitrates (including collodions); in primary formses amounted to $3,430 per ton, growing by 36% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($4,946 per ton), while the price for Taiwan (Chinese) ($3,239 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Australia (FOB) - 2023

In September 2023, the average export price for cellulose nitrates (including collodions); in primary formses amounted to $19,612 per ton, approximately equating the previous month. Over the period under review, the export price saw prominent growth. The export price peaked in September 2023.

As there is only one major export destination, the average price level is determined by prices for the United States.

From October 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to +15.5% per month.

Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in Australia

In 2022, after three years of growth, there was significant decline in supplies from abroad of cellulose nitrates (including collodions); in primary formses, when their volume decreased by -27.5% to 502 tons. Over the period under review, total imports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +3.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 36% against the previous year.

In value terms, imports of cellulose nitrates (including collodions); in primary formses fell to $1.7M in 2022. The total import value increased at an average annual rate of +13.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 29% against the previous year.

Import of Cellulose Nitrates (Including Collodions); in Primary Forms in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)5499101,2111,24231.3%
China2042953552080.6%
South Korea244N/AN/A166-12.0%
India49.715312364.79.2%
ThailandN/AN/AN/A37.10%
Germany84.841.724.8N/A-45.9%
Others42.212027.94.5-52.6%
Total1,1741,5201,7411,72213.6%

Top Suppliers of Cellulose Nitrates (Including Collodions); in Primary Forms to Australia in 2022:

  1. Taiwan (Chinese) (383.4 tons)
  2. China (57.6 tons)
  3. South Korea (33.6 tons)
  4. India (17.6 tons)
  5. Thailand (9.4 tons)

Exports of Cellulose Nitrates (Including Collodions); in Primary Forms in Australia

In 2022, the amount of cellulose nitrates (including collodions); in primary formses exported from Australia declined sharply to 8.8 tons, reducing by -66.6% on the previous year's figure. Overall, exports saw a significant curtailment. The growth pace was the most rapid in 2021 when exports increased by 260% against the previous year.

In value terms, exports of cellulose nitrates (including collodions); in primary formses declined dramatically to $38K in 2022. Over the period under review, exports recorded a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 365%. As a result, the exports reached the peak of $118K, and then shrank rapidly in the following year.

Export of Cellulose Nitrates (Including Collodions); in Primary Forms in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A0.7N/A38.5641.6%
New Zealand82.519.8107N/A13.9%
Malaysia5.24.48.4N/A27.1%
OthersN/A0.42.2N/A450.0%
Total87.725.311838.5-24.0%

Top Export Markets for Cellulose Nitrates (Including Collodions); in Primary Forms from Australia in 2022:

  1. United States (8.8 tons)

Source: IndexBox Market Intelligence Platform

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